India's first telecom manufacturing zone in Gwalior to draw Rs 2,000-crore investment, generate 4,500...

India's first telecom manufacturing zone will be set up in Gwalior, Madhya Pradesh.

The zone is expected to attract Rs 2,000 crore in investment and generate 4,500 jobs, according to Union Minister Jyotiraditya Scindia.

The government has set a longer-term target of attracting Rs 8,000-9,000 crore in investments and creating 9,000-10,000 jobs through the cluster.

The zone aims to boost domestic telecom equipment production and reduce import dependence.